(Reuters) - Standard & Poor's cut its long-term credit rating on the European Union to AA-plus from AAA on Friday, citing rising tensions on budget negotiations.
People whose existing health care insurance has been canceled because of the Affordable Care Act will not be hit with tax penalties for failing to line up new coverage as required under the law.
Facebook founder and CEO Mark Zuckerberg speaks during an interview session at the Newseum in Washington in September. Agence France-Presse/Getty Images.
California Attorney General Kamala Harris on Thursday announced a $2.1 billion multistate and federal settlement with Ocwen Financial Corp.
SHANGHAI (Reuters) - Chinese money rates spiked for a third day on Friday to their highest since a massive cash crunch in June despite regulators' efforts to steady the market, raising fears that another liquidity squeeze was underway and driving mainland ...